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Mar 31, 2020
Uniti Q1 2020 Earnings Report
Reported results for the first quarter of 2020.
Key Takeaways
Uniti Group Inc. announced its Q1 2020 results, with revenues of $266.2 million and a net loss of $0.41 per diluted common share. The U.S. Bankruptcy Court approved the settlement agreement with Windstream, and new terms were announced for the U.S. tower transaction with Melody Investment Advisors.
Revenues of $266.2 million for the first quarter.
Net loss of $0.41 per diluted common share for the first quarter.
AFFO per diluted common share of $0.45 for the first quarter.
The U.S. Bankruptcy Court approved the settlement agreement with Windstream.
Revenue by Segment
Forward Guidance
The Company is updating its 2020 outlook for the impact from the timing and revised structure of the sale of our U.S. towers business, transaction related costs, and other business unit level revisions.
Positive Outlook
- Revenue between $1,050 million and $1,058 million.
- Net income attributable to common shareholders between $- million and $8 million.
- Adjusted EBITDA between $805 million and $814 million.
- FFO attributable to common shareholders between $199 million and $207 million.
- AFFO attributable to common shareholders between $383 million and $391 million.
Challenges Ahead
- Outlook excludes any impact from the court-approved settlement with Windstream relating to its reorganization process as the effective date and accounting treatment are uncertain at this time.
- Outlook excludes future acquisitions.
- Outlook excludes capital market transactions.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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